Fintech Balance Sheet Health
Financial Health criteria checks 4/6
Fintech has a total shareholder equity of PLN10.7M and total debt of PLN4.0M, which brings its debt-to-equity ratio to 37.1%. Its total assets and total liabilities are PLN22.5M and PLN11.8M respectively. Fintech's EBIT is PLN2.9M making its interest coverage ratio 17.4. It has cash and short-term investments of PLN608.4K.
Key information
37.1%
Debt to equity ratio
zł3.97m
Debt
| Interest coverage ratio | 17.4x |
| Cash | zł608.41k |
| Equity | zł10.69m |
| Total liabilities | zł11.84m |
| Total assets | zł22.54m |
Recent financial health updates
Recent updates
We Think That There Are Issues Underlying Fintech's (WSE:FTH) Earnings
Aug 22
The Market Lifts Fintech S.A. (WSE:FTH) Shares 54% But It Can Do More
Aug 18A Piece Of The Puzzle Missing From Fintech S.A.'s (WSE:FTH) 26% Share Price Climb
Apr 04We Think That There Are Issues Underlying Fintech's (WSE:FTH) Earnings
Feb 21Further Upside For Fintech S.A. (WSE:FTH) Shares Could Introduce Price Risks After 46% Bounce
Feb 16Estimating The Fair Value Of Fintech S.A. (WSE:FTH)
Sep 01Fintech (WSE:FTH) Is In A Good Position To Deliver On Growth Plans
Jul 08Is Fintech S.A.'s (WSE:FTH) Recent Stock Performance Influenced By Its Fundamentals In Any Way?
Jan 14
Financial Position Analysis
Short Term Liabilities: FTH's short term assets (PLN18.9M) exceed its short term liabilities (PLN9.7M).
Long Term Liabilities: FTH's short term assets (PLN18.9M) exceed its long term liabilities (PLN2.2M).
Debt to Equity History and Analysis
Debt Level: FTH's net debt to equity ratio (31.4%) is considered satisfactory.
Reducing Debt: FTH's debt to equity ratio has increased from 0% to 37.1% over the past 5 years.
Debt Coverage: FTH's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: FTH's interest payments on its debt are well covered by EBIT (17.4x coverage).